BDCA Investment Strategy

Our investment team has expertise in a wide range of industries and sectors, and we have the flexibility to underwrite credits across the capital structure including:

  • Senior Secured Debt
    • First Lien
    • Unitranche (including first out / last out structures)
    • 2nd Lien
  • Mezzanine or Unsecured Debt
  • Preferred Equity
  • Common Equity

We seek to negotiate bespoke terms and covenants that are tailored to each individual investment, with a focus on structuring and downside protection.

BDCA generally targets debt investments in middle-market companies with EBITDA between $10-$100 million. The investment size across the BSP private debt platform typically ranges from $25 million to over $250 million.